In Management by Objectives (MBO), the Supervisor/team Leader and Subordinates/team

question 44

Multiple Choice

In management by objectives (MBO) , the supervisor/team leader and subordinates/team members formally agree on all of the following except:

• A) procedures for reviewing performance results.
• B) plans for accomplishing the performance objectives.
• C) standards for measuring the accomplishment of objectives.
• D) performance objectives for a specific time period.
• E) procedures for distributing rewards based on performance results.

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Definitions:

Sham

A pretense or fake transaction intended to deceive others or for a purpose contrary to law or public policy.

Lack of Consideration

A situation in contract law where an agreement lacks the exchange of something of value, rendering the contract potentially unenforceable.

Conditional Promises

Commitments that are contingent upon the occurrence of a specified event or situation.

Mutual Consideration

The exchange of value or promises that each party agrees to in a contractual agreement.